Exports declined by 3% year-on-year to EUR 12.645 billion, while imports increased by 2.1% to EUR 11.826 bln.

Trade with other European Union member states accounted for 77% of Hungary’s exports and 72% of its imports during the month.

For the January-November period, Hungary’s trade surplus totaled EUR 11.187 bln.

Exports for the period fell 3.8% to EUR 133.986 bln, while imports dropped 5.6% to EUR 122.799 bln.

Hungary’s terms of trade improved by 0.8% during this time, as the forint weakened 3.2% against the euro and 2.8% against the U.S. dollar.